Ishita Russell

Senior Writer & Content Specialist, India

India: PoS machine-maker Mswipe raises $32m from existing investors

In 2017, MSwipe closed its Series D round of funding of around $41 million.

India Digest: Baring PE Asia nears AGS Health deal; PNB to exit CRIF High Mark

Baring PE Asia is also said to be close to acquiring NIIT Technologies at a valuation of around $1.2 billion.

India: HCL to acquire US-based Strong-Bridge Envision for $45m

Post the acquisition, Strong-Bridge Envision will become part of HCL’s global digital and analytics business.

India Dealbook: Guiddoo, Nua, Wattpad secure fresh funding

Travel technology startup Guiddoo has raised fresh funding to expand into China, while Lightbox and Kae Capital have invested in female care brand Nua.

Indian vehicle sharing startup Drivezy in talks to raise $100m financing

The Bengaluru-based company is raising another $400 million in asset financing, which will help it enter new markets and integrate advanced services.

Agritech startup AgroStar raises $27m led by Bertelsmann India

The Series C round also saw participation from its existing investors Accel, Chiratae Ventures and Aavishkar Bharat Fund.

Indian VC firm WaterBridge Ventures said to seek around $75m for new fund

Last year, the firm had made the final close of its maiden fund at $30 million.

India: US-based Capital Group invests in Blackstone-Embassy JV’s REIT

The REIT is poised for a Rs 5,000-crore ($700-million) listing on the stock exchanges soon.

India Digest: Quikr close to acquiring Zefo; PayU eyes US-based Wibmo

Quikr is said to have signed an agreement to acquire Sequoia-backed refurbished goods marketplace Zefo for $28.5 million.

India Dealbook: Moglix, StayAbode, TartanSense, NowFloats secure new funding

In December, Moglix had raised a $23 million Series C funding round led by existing investors Accel Partners, Jungle Ventures, and IFC.